RESOLUTION NO

RESOLUTION NO. 05-18350 A RESOLUTION RELEVYING AND REASSESSING A SPECIAL ASSESSMENT TAX UPON BENEFITED PROPERTY IN A SPECIAL IMPROVEMENT DISTRICT OR PROJECT KNOWN AS SID 1360, IN THE CITY OF BILLINGS, MONTANA. WHEREAS, the City created a special improvement district or project known as SID 1360 and; WHEREAS, it is necessary to relevy and reassess a special assessment tax upon benefited property in the district or project area to defray the cost and expenses of said district/project. Your original assessment was calculated on the bond sale cost. After construction was completed, the City adjusted your assessment by using the project cost; and NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Billings, Montana as follows: SECTION 1: RELEVY AND REASSESSMENT. That for the purpose of defraying the cost and expense of making improvements in a special improvement district or project known as SID 1360 of the City of Billings, Montana, there is hereby relevied and reassessed upon each lot or parcel of land described below, owned by persons respectively indicated, a special assessment tax payable in semi-annual installments with interest. Each lot and parcel assessed and the owner thereof is hereinafter described: Tax Code Assessment Interest Years /Owner Name Amount Rate Assessed /Legal Description A29203 $3,717.17 5.811 13 LT 1 BLK 1 GABEL SUBD 2ND FILING (OLD D-587-D-607) A29204 $3,713.05 5.811 13 LT 2 BLK 1 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29205 $8,565.71 5.811 13 DECKER, JOHN F LT 3 BLK 1 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29206 $9,636.44 5.811 13 LT 4 BLK 1 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29207 $9,543.29 5.811 13 LT 5 BLK 1 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) 1

A29208 $9,989.64 5.811 13 MONTANA TRADEPORT AUTHORITY LT 6 BLK 1 GABEL SUBD 2ND FILING (OLD D-587-D-607) A29209 $3,547.64 5.811 13 LT 11 BLK 1 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29211 $7,758.36 5.811 13 LT 13A BLK 1 GABEL SUBD 2ND FILING AMD AMD LTS 13 & 14 BLK 1 ( A29212 $5,084.38 5.811 13 LT 14A BLK 1 GABEL SUBD 2ND FILING AMD AMD LTS 13 & 14 BLK 1 (04) A29213 $744.21 5.811 13 LT 15 BLK 1 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29214 $744.86 5.811 13 LT 16 BLK 1 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29215 $830.41 5.811 13 LT 17 BLK 1 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29216 $1,405.58 5.811 13 LT 18 BLK 1 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29217 $647.59 5.811 13 LT 19 BLK 1 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29218 $1,331.99 5.811 13 LT 1 BLK 2 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29219 $1,201.14 5.811 13 LT 2 BLK 2 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29220 $678.94 5.811 13 LT 3 BLK 2 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29221 $829.85 5.811 13 LT 4 BLK 2 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29222 $1,019.25 5.811 13 LT 5 BLK 2 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) 2

A29223 $1,014.10 5.811 13 LT 6 BLK 2 GABLE SUBD 2ND FILING (OLD D-587-D-607) (99) A29224 $835.12 5.811 13 BOTTRELL FAMILY INVESTMENTS LT 7 BLK 2 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A29225 $643.37 5.811 13 LT 8 BLK 2 GABEL SUBD 2ND FILING (OLD D-587-D-607) (99) A30059A $17,266.14 5.811 13 UNIT 1 TRANSTECH CENTER 4.21% INT IN COMM ELEM A30059B $24,187.06 5.811 13 UNIT 2A-1 TRANSTECH CENTER 5.90% INT IN COMM ELEM (05) A30059D $46,989.21 5.811 13 UNIT 4A TRANSTECH CENTER 11.46% INT IN COMMON ELEMENTS (04) A30059E $13,400.28 5.811 13 UNIT 5A-1 TRANSTECH CENTER 3.26% INT IN COMMON ELEMENTS (05) A30059F $23,653.73 5.811 13 LRS LLC UNIT 6A-1 TRANSTECH CENTER 5.77% INT IN COMMON ELEMENTS (05) A30059G $6,463.07 5.811 13 UNIT 7 TRANSTECH CENTER 1.58% INT IN COMMON ELEMENTS A30059H $28,982.08 5.811 13 UNIT 8 TRANSTECH CENTER 7.07% INT IN COMMON ELEMENTS A30059I $29,919.75 5.811 13 UNIT 9 TRANSTECH CENTER 7.30% INT IN COMMON ELEMENTS A30059J $15,923.06 5.811 13 UNIT 10 TRANSTECH CENTER 3.88% INT IN COMMON ELEMENTS A30059K $40,421.25 5.811 13 UNIT 11 TRANSTECH CENTER 9.86% INT IN COMMON ELEMENTS A30059L $23,203.67 5.811 13 UNIT 12 TRANSTECH CENTER 5.66% INT IN COMMON ELEMENTS 3

A30059N $37,125.23 5.811 13 UNIT 13 TRANSTECH CENTER IMPROVEMENTS LOCATED HERE I00775 A30059O $17,906.13 5.811 13 PINE CO LLC UNIT 15A TRANSTECH CENTER 4.37% INT COMMON ELEMENTS (05) A30059P $9,332.78 5.811 13 UNIT 16 TRANSTECH CENTER 2.28% INT IN COMMON ELEMENTS A30059Q $37,182.99 5.811 13 UNIT 17 TRANSTECH CENTER 9.07% INT IN COMMON ELEMENTS A30059R $11,049.37 5.811 13 UNIT 15B TRANSTECH CENTER 2.69% INT COMMON ELEMENTS (05) A30059S $13,525.02 5.811 13 UNIT 14A TRANSTECH CENTER 3.30% INT IN COMMON ELEMENTS LOC A30059T $13,482.14 5.811 13 BOTTRELL FAMILY INVESTMENTS INC UNIT 14B TRANSTECH CENTER 3.29% INT IN COMMON ELEMENTS LOC A30254 $111,482.80 5.811 13 LT 1 BLK 1 GABEL ROAD COMMERCE CTR SUB 2.159 AC A30255 $78,571.53 5.811 13 LT 2 BLK 1 GABEL ROAD COMMERCIAL CTR SUB 1.525 AC (OLD #D548,D548A) A30256 $78,950.75 5.811 13 LT 3 BLK 1 GABEL ROAD COMMERCIAL CENTER SUB (03) A30257 $45,295.96 5.811 13 LT 4 BLK 1 GABEL ROAD COMMERCIAL CENTER SUB (03) A30258 $27,350.99 5.811 13 LT 5 BLK 1 GABEL ROAD COMMERCIAL CENTER SUB (03) A30259 $64,160.31 5.811 13 LT 6 BLK 1 GABEL ROAD COMMERCIAL CENTER SUB (03) A30260 $55,498.62 5.811 13 LT 7 BLK 1 GABEL ROAD COMMERCIAL CENTER SUB (03) 4

A30261 $51,695.75 5.811 13 LT 8 BLK 1 GABEL ROAD COMMERCIAL CENTER SUB (03) A30262 $53,096.29 5.811 13 LT 9 BLK 1 GABEL ROAD COMMERCIAL CENTER SUB (03) A30263 $372,757.53 5.811 13 LT 10A BLK 1 GABEL ROAD COMMERCIAL CENTER SUB AMD LTS 10 & 11 BLK 1 A30264 $60,984.45 5.811 13 LT 11A BLK 1 GABEL ROAD COMMERCIAL CENTER SUB AMD LTS 10 & 11 BLK 1 A30265 $50,345.83 5.811 13 LT 12 BLK 1 GABEL ROAD COMMERCIAL CENTER SUB (03) A30678 $9,969.40 5.811 13 LT 1 BLK 1 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.761 AC ( A30679 $3,663.35 5.811 13 & LT 2 BLK 1 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 28,183 SF ( A30680 $4,939.40 5.811 13 LT 3 BLK 1 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 38,000 SF (0 A30681 $7,258.19 5.811 13 LT 4 BLK 1 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.282 AC ( A30682 $22,868.26 5.811 13 LT 5 BLK 1 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 4.039 AC (04 A30683 $46,553.86 5.811 13 LT 6 BLK 1 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 8.222 AC (04 A30684 $38,717.63 5.811 13 LT 7 BLK 1 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 6.838 AC (04 A30696 $11,486.19 5.811 13 LT 19 BLK 1 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 2.029 AC (04 A30697 $11,265.08 5.811 13 LT 20 BLK 1 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.990 AC (04 5

A30699 $58,218.60 5.811 13 LT 2 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 40,049 SF (0 A30700 $69,198.28 5.811 13 LT 3 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.093 AC (04 A30701 $56,746.02 5.811 13 LT 4 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 38,036 SF (0 A30702 $43,468.07 5.811 13 LT 5 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 29,902 SF (0 A30703 $44,478.38 5.811 13 LT 6 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 30,597 SF (0 A30704 $51,363.02 5.811 13 LT 7 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 35,333 SF (0 A30705 $51,316.51 5.811 13 LT 8 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 35,301 SF (0 A30706 $61,857.17 5.811 13 LT 9 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 42,552 SF (0 A30707 $51,069.38 5.811 13 LT 10 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 35,131 SF (0 A30708 $48,731.86 5.811 13 LT 11 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 33,528 SF (0 A30709 $42,726.69 5.811 13 LT 12 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 29,382 SF (0 A30710 $45,728.54 5.811 13 LT 13 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 31,457 SF (0 A30711 $59,723.16 5.811 13 LT 14 BLK 2 BROSO VALLEY PARK S UB (OLD D846,D12483,4,5) 41,084 SF (0 A30712 $53,896.80 5.811 13 LT 15 BLK 2 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 37,028 SF (0 6

A30713 $46,356.54 5.811 13 LT 1 BLK 3 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 31,689 SF (0 A30714 $5,018.17 5.811 13 LT 2 BLK 3 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 38,606 SF (0 A30715 $3,638.13 5.811 13 LT 3 BLK 3 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 27,989 SF (0 A30716 $3,885.10 5.811 13 LT 4 BLK 3 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 29,889 SF (0 A30717 $3,907.98 5.811 13 LT 5 BLK 3 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 30,065 SF (0 A30718 $43,754.44 5.811 13 LT 6 BLK 3 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 30,099 SF (0 A30719 $45,969.86 5.811 13 LT 7 BLK 3 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 31,623 SF (0 A30721 $83,336.81 5.811 13 LT 1 BLK 4 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.316 AC (04 A30722 $83,604.29 5.811 13 LT 2 BLK 4 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.320 AC (04 A30723 $75,880.86 5.811 13 LT 3 BLK 4 BROSO VALLEY PARK SUB OLD D846,D12483,4,5) 1.198 AC (04 A30724 $74,744.08 5.811 13 LT 4 BLK 4 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.180 AC (04 A30725 $77,020.55 5.811 13 LT 5 BLK 4 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.216 AC (04 A30726 $71,531.44 5.811 13 LT 6 BLK 4 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.130 AC (04 A30727 $10,321.01 5.811 13 LT 7 BLK 4 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.823 AC (04 7

A30728 $9,963.55 5.811 13 LT 8 BLK 4 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.760 AC (04 A30729 $9,584.52 5.811 13 LT 9 BLK 4 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.693 AC (04 A30730 $9,052.62 5.811 13 LT 10 BLK 4 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.599 AC (04 A30731 $8,077.74 5.811 13 LT 11 BLK 4 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.427 AC (04 A30732 $7,438.22 5.811 13 LT 12 BLK 4 BROSO VALLEY PARK SUB (OLD D846,D12483,4,5) 1.314 AC (04 C10465 $59,957.10 5.811 13 CUSTOM CONCRETE INC LT 6 BLK 1 MILLENNIUM MARKET SUBD (01) C10466 $30,224.91 5.811 13 HASKELL PROPERTIES LLC LT 2 BLK 1 PARKCO INDUSTRIAL SUBD C10467 $46,878.09 5.811 13 MYRIAD PROPERTIES LLC LT 3A BLK 1 PARKCO INDUSTRIAL SUBD (OLD C10467, C10468) 2.00 AC (2000 C10468 $55,629.89 5.811 13 BILLINGS PRECAST ENTERPRISES INC LT 4A1 BLK 1 PARKCO INDUSTRIAL SUBD (OLD C10467, C10468) 3.197 AC (200 C10468A $28,506.98 5.811 13 BILLINGS PRECAST ENTERPRISES INC LT 4B BLK 1 PARKCO INDUSTRIAL SUBD 1.080 ACRES C11007 $50,644.68 5.811 13 LT 1 BLK 5 TIERRA YELLOWSTONE IND SUBD C11008 $46,820.82 5.811 13 LT 2 BLK 5 TIERRA YELLOWSTONE IND SUBD C11009 $64,418.16 5.811 13 LT 3 BLK 5 TIERRA YELLOWSTONE IND SUBD C11801 $227,694.54 5.811 13 GONITZKE, JOHN & KAY F L:1 AMND B:1-4 TIERRA YELLOWSTONE IND SUB 8

C11802 $71,816.48 5.811 13 SUNDOG LAND COMPANY LLC L:2 B:1A TIERRA Y'STONE INDUSTRIAL PARK 1.162 A C11803 $71,873.61 5.811 13 SUNDOG LAND COMPANY LLC LT 3 BLK TIERRA Y'STONE INDSTRL PARK 1.16 AC C11804 $71,925.35 5.811 13 KIKER, KEVIN & FIONA TRUSTEES LT 4 BLK 1A TIERRA YELLOWSTONE INDUSTRIAL PARK SUB C11805 $71,981.40 5.811 13 MILLER, HAROLD LT 5 BLK 1A TIERRA YSTONE IND PARK SUB AMND BLKS 1-4 13-1S-25E 1.166 C11806 $66,193.00 5.811 13 MILLER, HAROLD LT 6 BLK 1A TIERRA YSTONE IND PARK SUB AMND BLK 1-4 1.072 AC C11807 $82,329.57 5.811 13 MILLER, HAROLD LT 7 BLK 1A TIERRA YSTONE IND PARK SUB AMND BLK 1-4 1.072 AC C11808 $105,227.26 5.811 13 MILLER, HAROLD LT 8 BLK 1A TIERRA YSTONE IND PARK SUB AMND BLKS 1-4 3.34 AC C11820 $26,391.25 5.811 13 ELK RIVER CONCRETE PRODUCTS CO AMND BLKS 1-4 13-1S- C11821 $42,632.95 5.811 13 SPRINT COMMUNICATIONS CO LP LT 9A TIERRA YELLOWSTONE INDUSTRIAL PARK AMD LT 9&10 BLK 2A & AMD BLKS 1-4 C11826 $72,579.25 5.811 13 L:2 B:3A TIERRA YELLOWSTONE INDUSTRIAL PARK SUB 3.483 AC C11827 $43,572.81 5.811 13 L:3 B:3A TIERRA Y'STONE INDUSTRIAL PARK 13-1S-25E 2.091AC 345-3441-03-05 C11828 $61,771.09 5.811 13 LT 4 BLK 3A TIERRA YELLOWSTONE IND SUBD 13-1S-25E C12199 $62,933.28 5.811 13 MYERS, MICHAEL W & LT 1A BLK 1 MILLENNIUM MARKET SUB AMD 24477 SQ FT (05) C12201 $42,733.48 5.811 13 MCCALL DEVELOPMENT INC LT 3 BLK 1 MILLENNIUM MARKET SUB (01) 9

C12203 $113,473.94 5.811 13 MCCALL DEVELOPMENT INC LT 4 & 5 BLK 1 MILLENNIUM MARKET SUB 134190 SQ FT (COMBO W/C12202) C13064 $28,795.10 5.811 13 KENNEDY PROPERTIES LLC LT 7 BLK 1 MILLENNIUM MARKET SUB C13065 $32,445.65 5.811 13 KENNEDY PROPERTIES LLC LT 8 BLK 1 MILLENNIUM MARKET SUB (01) C13066 $40,502.73 5.811 13 KENNEDY PROPERTIES LLC LT 9 BLK 1 MILLENNIUM MARKET SUB (01) C13067 $38,291.43 5.811 13 KENNEDY PROPERTIES LLC LT 10 BLK 1 MILLENNIUM MARKET SUB(01) C13068 $21,986.16 5.811 13 KENNEDY PROPERTIES LLC LT 11 BLK 1 MILLENNIUM MARKET SUB (01) C13069 $73,712.94 5.811 13 SCHAFER, MARK LT 12 BLK 1 MILLENNIUM MARKET SUB D00556 $176,198.26 5.811 13 BIG SKY FLORAL SUPPLY LLC TR 1B C0S 2297 AMND IN NESW 5.218 ACRES (LESS TR2A AMND C/S 2158 D00556C $128,464.11 5.811 13 GENDCO LEASING COMPANY TR 2 COS 2297 IN E2E2NE4SW4 13 1S 25E D00597 $57,877.56 5.811 13 RED LODGE INVESTMENT LLC TR:22 C/S 1147 IN SE4 14-1S-25E D00598 $57,877.56 5.811 13 RED LODGE INVESTMENT LLC TR:23 C/S 1147 IN SE4 14-1S-25E D00599 $73,875.34 5.811 13 RED LODGE INVESTMENT LLC TR 24 COS 1147 IN SE4 14-1S-25E (99) SECTION 2: DISPOSITION OF COLLECTION. All monies collected from the assessment shall be paid into a special improvement district or project Fund. Assessments become delinquent based on the semi-annual due dates of the real property taxes, currently December 1 and June 1 of each year. 10

SECTION 3: NOTICE AND HEARING. On Monday, September 26, 2005, at 6:30 p.m., or as soon thereafter as the matter was considered on the agenda of the City Council at a regular meeting held in the Council Chambers of the Police Facility, 220 N. 27 th St., Billings, Montana, the City Council held a public hearing to hear comments and/or objections to the adoption of this resolution. The City Clerk published notice of the public hearing twice with at least six (6) days separating each publication in a newspaper of general paid circulation with a periodicals mailing permit. SECTION 4: CERTIFICATION. The City Clerk is hereby directed upon approval of this resolution to certify a copy to the Finance Manager of the City of Billings, Montana, who shall certify a copy of this resolution to the Yellowstone County Clerk and Recorder and a copy to the Yellowstone County Assessment Office. SECTION 5: EFFECTIVE DATE. This resolution shall be effective immediately upon approval. APPROVED this 26th day of September, 2005. CITY OF BILLLINGS: BY: Charles F. Tooley, Mayor ATTEST: BY: Marita Herold, CMC/AAE City Clerk 11